Yellow's lawyers deem Sarah Riggs Amico's revival bid as und...

Moomoo AI Dec 8, 2023 04:33

Yellow's lawyers deem Sarah Riggs Amico's revival bid as undervaluing startup costs and overstating future earnings. Additionally, delayed debt repayments and transformation of some debts into equity are seen as unattractive as Yellow proceeds with asset liquidation.

Yellow Rejects Bid to Revive the Collapsed Trucking Company -- WSJ

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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